Saturday, March 21, 2009

Trip Across Country PIcs and RE


This is out the window of the plane, looking north, just west of Fort Collins, Colorado. If you look closely, you can see that there are two giant buttes down there in the front of the image.
This is an image of examples of the largest trees in the world. 400 feet high and almost 3,000 years old. 

This is the view from a restaurant called the Cliff House, where I had a glass of wine and watched the sun go down into the Pacific. The hill two miles or so across the water is Marin County, CA. Want to talk about expensive real estate?

Let's talk about our local real estate (once again, as always, using yahoo real estate for the metrics):

18 foreclosures and 106 existing homes for sale, and it's nice to see the FCs under 20 again. I was thinking about that jump to 23 FCs last week, yesterday as I was driving around: probably that temporary spike in FCs was caused by the long lagtime it takes the banks to unravel liens, etc. when a property moves from NOD (notice of default) letter to bank-owned REO. How three jumped off the radar like that is anyone's guess. It wouldn't surprise me if there were listing agents who listed REOs for a day to a week and already had under-offers from fellow Realtors (another word for liars), as this is a scam that has been ongoing on the west coast and in FLA.

Cool sunny morning today--a quick frost last night, but the grass is greener since last week and the crocuses (croci?) are up. We're in what I would definitely call spring. 







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